Filed September 1, 2023 (most recent of 2 filings on file)
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,690 | $53,777+57.5% | $134,143-36.9% | $79,858+6.1% |
| Participation rate | 36.8% | 58.8%-21.9pp | 72.2%-35.3pp | 69.6%-32.8pp |
| Annual return | 15.57% | 19.01%-3.4pp | 36.33%-20.8pp | 31.71%-16.1pp |
| Employer contribution / active EE | $753 | $1,321-43.0% | $3,704-79.7% | $2,471-69.5% |
| Participant deferral / active EE | $1,291 | $2,420-46.7% | $3,499-63.1% | $3,740-65.5% |
| Admin fee / account holder | $6,973 | $3,984+75.0% | $6,684+4.3% | $5,306+31.4% |